ALASKA NATIVE CORPORATIONS – A SUMMARY DESCRIPTION
Over 44 Million Acres of Private Fee Simple Land
In 1971 the U.S. Congress passed an act known at the Alaska Native Claims Settlement Act (ANCSA). This act
established 12 Regional Native Corporations in Alaska and authorized them to select lands that would become
their fee simple property. ANCSA also established about 200 village Corporations and authorized them to select
the surface of lands around their villages that had been obtained by the Regional Corporations.
Alaska Regional and Village Corporations are a unique form of private corporations. Their lands are owned fee
simple and can be mined or developed under agreements just as any other private lands in this country.
Additionally, the Native Corporations want development on their lands and they encourage minerals exploration.
These lands were often selected because of their high mineral potential, and because there has been relatively little
exploration or development in Alaska, the opportunities are tremendous.
The Native Corporations want to develop their lands, and they want jobs for their shareholders. Life in Alaska
villages has been characterized by seasonal jobs, high unemployment and welfare. The Native Corporations are
working to change this, and the very best chance for doing so is minerals development.
The following is a brief description of the 12 Alaska Regional Native Corporations.
AHTNA INC - Ahtna has 1.8 million acres in east central Alaska near the Canadian border.
The land is in the Copper River Basin, home of the original Kennecott copper deposit. There
has been little exploration in the area, but there are indications of gold, copper, platinum,
tungsten, and coal. For additional information, contact: Kathryn Martis, VP of Land &
Resources, PO Box